Audio By Carbonatix
The feuding partners of the STX Engineering and Construction Ltd have agreed to return to the roadmap for the construction of government’s touted affordable housing projects, chairman of the Works and Housing Committee of Parliament, David Tetteh-Assumeng has noted.
The Korean and Ghanaian partners have recently been engaged in a boardroom brawl which culminated in both partners pulling out of the deal after the parties failed to reach an agreement over who has the right to execute the contract. The company is to construct 200,000 housing units across the country at the cost of $10 billion. But the deal, since its inception has come under a barrage of criticisms from the opposition party and civil society who suspect foul play.
Many have called on the government to abrogate the deal to seek other alternatives to ameliorate the challenges of Ghana’s housing deficit.
However, after a crunch meeting to disentangle the locked horns at the office of the Minister for Water Resources, Works and Housing with the partners, it has been revealed that “both parties agreed that we should continue to dialogue to resolve the issues”.
Mr David Tetteh-Assumeng told Joy News’ Dzifa Bampoh on Tuesday that the ultimate objective for the two to work as a team was achieved at the meeting.
Had they taken entrenched positions, he said, it would have spelled doom for the project. He explained that the deal would have to go back to Parliament for approval since the initial agreement ratified by the House was for them to work as a team, hence it would be illegal to go ahead with the construction.
He announced that the detail programme for the project would be put forward by the minister for all to follow.
Mr Tetteh-Assumeng, who is also the MP for Shai Osu Doku, was confident that the initial construction of 30,000 housing units for the security service would be realised, noting that there was “no cause for alarm” in that the “partnership is not over” yet.
“I am very, very confident, and I want to assure the people of this country that we are all confident and we are making sure that the project succeeds and it will succeed by the grace of God.”
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
National Security arrests 45 in Tamale over cross-border crime
2 hours -
Private citizen seeks injunction to halt operations of Ghana Law Society
2 hours -
Thirteen suspected illegal miners remanded by Enchi District Magistrate Court
5 hours -
Court remands man claiming a military plot to kill President Mahama
5 hours -
‘I am the only one who can unite NPP for 2028 victory’ – Dr Bryan Acheampong
6 hours -
Senyo Hosi clarifies Star Oil CEO’s controversial stance on fuel price floor
6 hours -
Trump threatens Canada with 100% tariffs if it ‘makes a deal with China’
7 hours -
Wizkid, Asake share collab EP dubbed ‘Real’
7 hours -
BoG backs $134m Access Bank-IFC deal to save LBCs from liquidity crisis
8 hours -
John Dumelo vows road safety overhaul after UniMAC student’s death on N1
8 hours -
Semenyo bags first EPL goal for new club as Manchester City brush aside Wolves
8 hours -
Eduwatch petitions Chief of Staff to stop GH¢600m foreign scholarship haemorrhage
9 hours -
Ivory Coast president appoints brother as vice prime minister
9 hours -
NPP, peace pacts, and electoral integrity
10 hours -
Widow, ambassador, and 4 others square off for Ayawaso East NDC primary
10 hours
